australia on a per-capita basis as 10 times more visas for high skilled workers than we have in the united states. on capitol, creating investment incentives, no capital gains to make sure that investment capital flows to those countries, investing in basic research in better ways to commercialize research, less regulation, a whole series of things that many nations are doing to become more competitive. this is a global battle for talent and capital and ideas. if we do not move quickly to deal with this issue, we are going to lose our lead. we are going to wake up someday and say, what happened? how did we go from being the most entrepreneurial commission, the envy of the world, to slipping? a great example of this -- last month i spoke in detroit -- and realize two things. one was, 50 years ago, detroit was silicon valley. it was the most innovative region in the country, maybe in the world. in the last 50 years, detroit has lost 50% of its population. 50%. henry ford and others, they were building up these companies, which were tremendously innovative, and it felt when it lost its way. a